Japan moves to FIT

Japanese city plans 15 MW solar park

06.03.2012: Local newspaper Daily Yomiuri Online reports that the city of Iwanuma, in Japan’s Miyagi Prefecture, plans to build a 15 MW photovoltaic power plant on agricultural land contaminated during last year’s earthquake and subsequent tsunami. The city has not yet selected a contractor to build the power plant, but it expects construction to begin in July and to be completed sometime next year. Construction costs are expected to top ¥5 billion ($61 million), and electricity generated by the power plant will be sold to electric utility Tohoku Electric Power Co. Japan’s new feed-in-tariff program comes into effect on July 1, 2012. … Source: Daily Yomiuri Online; Summary: PHOTON http://www.yomiuri.co.jp http://www.yomiuri.co.jp/dy/business/T120305005110.htm

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com